Daniel Kemp
The investment is Tenacious’s first outside Australia and the second overall from its inaugural fund, which closed in Q1 2020.
The Australian government wants to hit a 90% reduction in the costs of measuring soil carbon to ‘transform the economics’ of soil carbon projects for farmers.
Real estate investors looking for steady returns are beginning to view sale-and-leaseback agriculture assets as core investments, Colliers says.
The Impact Alternatives Fund will invest up to 30% of its capital in regen ag and up to 20% in environmental assets in response to investor feedback.
Climate change minister James Shaw says the annual reporting requirements will apply to all institutions with more than NZ$1bn in AUM.
The two firms, which have previously collaborated on a water investment vehicle, have received A$500,000 to explore the business case for a new fund.
The bank found that after several years of strong growth, land prices would cool off or even contract in some regions due to the after-effects of drought and the impact of coronavirus on the economy.
Investment in agriculture by Chinese entities fell to zero in 2019, the first time this has happened since the Australian National University started compiling data in 2014.
Gunn Agri Partners says its new sustainable farmland fund will link manager fees to ESG performance in what is believed to be a first for the sector.
Associate portfolio manager Brent Snow says the fund may look to use its water portfolio to develop assets directly and take on operational risk, but sale-and-leasebacks will continue to be the main avenue for investment.